Member Info for Darth.Trader

..chart / TA - Doji Star Bearish.

Bull Trap.....

I would expect an RNS announcing the cancellation of dividends.

Also be prepared to see the SP on the far side of 50pennies...

I would expect an RNS announcing the cancellation of dividends.

Also be prepared to see the SP on the far side of 20pennies...

https://giftarticle.ft.com/giftarticle/actions/redeem/f4d8c8c2-080d-4690-bc0e-7c197b44a5ec

https://giftarticle.ft.com/giftarticle/actions/redeem/f4d8c8c2-080d-4690-bc0e-7c197b44a5ec

UK banks expect regulator to order dividend freeze.

Banks in the UK are braced for the country’s top financial supervisor to put a stop to £7.5bn of dividend payments due over the next few weeks in a move designed to shore up capital levels during the coronavirus outbreak.

The Prudential Regulation Authority, the supervisory arm of the Bank of England, is running out of time to make a decision on whether to block the payments, with Barclays due to pay a full-year dividend of 6p per share on Friday.

UK lenders, including Barclays, HSBC, Lloyds Banking Group and Royal Bank of Scotland, are expecting the PRA to advise against the payments within the next few days, according to several people briefed on their plans.

“We think the regulator will probably announce something soon,” said one.

Until last week, the PRA had been relatively unfazed by dividend payments going ahead as planned, according to one person briefed on discussions between the banks and the regulator. But the supervisor changed its stance on Friday, when the European Central Bank ordered eurozone banks to freeze dividend payments and share buybacks, they added

UK banks expect regulator to order dividend freeze.

Banks in the UK are braced for the country’s top financial supervisor to put a stop to £7.5bn of dividend payments due over the next few weeks in a move designed to shore up capital levels during the coronavirus outbreak.

The Prudential Regulation Authority, the supervisory arm of the Bank of England, is running out of time to make a decision on whether to block the payments, with Barclays due to pay a full-year dividend of 6p per share on Friday.

UK lenders, including Barclays, HSBC, Lloyds Banking Group and Royal Bank of Scotland, are expecting the PRA to advise against the payments within the next few days, according to several people briefed on their plans.

“We think the regulator will probably announce something soon,” said one.

Until last week, the PRA had been relatively unfazed by dividend payments going ahead as planned, according to one person briefed on discussions between the banks and the regulator. But the supervisor changed its stance on Friday, when the European Central Bank ordered eurozone banks to freeze dividend payments and share buybacks, they added

https://www.youtube.com/watch?v=0jP_brwVyvc

,,are you out out.

..but you cant go Out out....'

..not for the Few but for the Many.

.. the SP wont see the 20's until its on its way back up.......

some analyst believe OIl prices could be be as low as $10 per barrel....
Rystad Energy's head of oil markets - we have not seen the worst yet as the market comes to realise that they are facing one of the largest supply surpluses in modern times.....

In Italy the deaths are now more than China's..

snige, its a good point but i think they'll have to do that as well after this event as the voters will demand it.

yes snige and no doubt a lot of them did there bit to extend yours..

imho the Divi cancellation is inevitable.

i suppose there had been too many bubbles this time around, plus we were probably at the top. The markets reaction to any form of stimulus " fuel on the fire"...

if they throw the anchors on and prevent trading, selling then the reaction at the opening bell would be total carnage.....
i can see Barc @30pennies lloy testing the low of March 09...Lloy will not see the 20pennies unless its on the way back up..

..and so 20,00 Troops at readiness. I think they'll need more than that..

LTI, Thanks for confirming...